WestLB looks to IKB deal

WestLB, the DÃÂ¼sseldorf-based bank, has expressed its interest in acquiring IKB's small to medium-sized lending business in Germany, which will put it in competition with its larger rival BayernLB, the wholesale bank of Bavaria that is also courting the group.

A spokesman for WestLB in London confirmed the bank's interest but declined to comment further, citing confidentiality agreements it has signed with IKB that prevent it from...